Invox Finance partners with SelfKey

Invox Finance partners with SelfKey, a secure and convenient identity platform built on the distributed ledger technology, allowing consumers to securely control and manage their digital identity while service providers are able to conduct KYC with the highest compliance standards.

This partnership will enable token buyers to sign up for the upcoming Invox Finance Token Sale by instantly and securely completing their KYC. In addition, SelfKey will serve as Invox Finance’s KYC platform for sellers, buyers and investors in providing a smooth and efficient KYC process. KYC-Chain, founder of the SelfKey Foundation, has previously worked with Standard Chartered Bank (Hong Kong) as part of its FinTech Accelerator 2.0 programme and Accenture Fintech Lab in their 12-week mentorship programme.

As decentralised peer-to-peer invoice lending platform, Invox Finance will allow sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information throughout the entire invoice financing process.

The Invox Finance platform is built on blockchain technology and, unlike traditional invoice financing, will utilise dynamic invoices on a distributed ledger which will provide all parties with the ability to update invoice information in real time, insure immutability and manage sensitive information access.

Together with SelfKey, Invox Finance is set to create a transparent and trusting environment for all parties on the platform with lower costs in disrupting the invoice financing industry today.

"SelfKey is collaborating with Invox Finance to support identity services for its token sale and to continue to provide identity and compliance services for the Invox Finance decentralized peer-to-peer invoice lending platform. This platform design will bring decentralization to an inefficient market segment and allow quick and effective connection among invoice buyers, sellers, and financiers," said Edmund Lowell, founder of KYC-Chain and SelfKey.